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Alternative sweeteners are hugely used in the bakery & confectionery products, dairy products, and various frozen foods which will aid to upsurge the sales of alternative sweeteners during the forecast period of 2017-2023.

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market scenario

Market Scenario:

Alternative sweeteners are food additives which contain no/low calories and can be used in

place of sugar due to their sweet taste. They are sweeter than table sugar and thus, a small

amount is sufficient to achieve the same sweetness level as sugar. They also help in enhancing

the flavor of foods. Alternative sweeteners can either be produced using natural sources or

synthetically. Synthetically produced sweeteners are also called artificial sweeteners. Natural

sweeteners include stevia, maple syrup, monk fruit, sucrose, and many others while artificial

sweeteners consist of aspartame, saccharin, sucralose, neotame, acesulfame potassium, and

many others. The global alternative sweeteners market is expected to reach USD 1.58 billion by

end of the year 2023 at a CAGR of 5% during the forecast period.

One of the significant reasons for the rising growth of alternative sweeteners market is the

mounting growth of various beverages. Beverages are gaining traction both in the developed

and developing economies. Increasing population coupled with the rising per capita disposable

income is anticipated to fuel the sales

income is anticipated to fuel the sales of beverages. Apart from that, factors such as rising

women workforce and increasing demand of convenience products are anticipated to be the

significant factors for increasing demand of beverages which is ultimately anticipated to fuel the

overall growth of alternative sweeteners market. Alternative sweeteners are hugely used in the

bakery & confectionery products, dairy products, and various frozen foods which will aid to

upsurge the sales of alternative sweeteners during the forecast period of 2017-2023.

Regional Analysis:

The global alternative sweeteners market is segmented into North America, Europe, Asia

Pacific, Latin America, and the Middle East & Africa. Among these, North America is estimated

to account for the highest market proportion of 37.9% in the year of 2017 and the trend is

expected to continue throughout the forecast period. However, Asia Pacific region is projected

to expand at a high growth of 20.1% during the forecast period of 2017-2023.

Sample copy available @ https://www.marketresearchfuture.com/sample_request/4851

Segments:

The global alternative sweeteners market is segmented into product type and application,

On the basis of the product type, it is segmented into artificial sweeteners, natural sweeteners,

and others. Among all, artificial sweeteners segment is projected to account maximum market

proportion and projected to grow at CAGR of 5.10% during the forecast period of 2017-2023.

On the basis of application, it is segmented into sweet snacks, bakery & confectionery, dairy &

frozen desserts, alcoholic beverages, non-alcoholic beverages, and others. The non-alcoholic

beverages segment is dominating the market. This segment is projected to grow at CAGR of

5.28% during the forecast period.

Key Players:

Some of the key players profiled in the global alternative sweeteners market: Archer

Daniels Midland Company (U.S.), Ajinomoto Co. Inc. (Japan), DuPont Nutrition & Health

(Denmark), Tate & Lyle Plc (U.K), Cargill Incorporated (U.S.), Ingredion Incorporated

(U.S.), Roquette Freres S.A. (France), Macandrews & Forbes Incorporate (U.S.),

Associated British PLC (U.K), JJD Enterprise (India), Heartland (U.S.), Niutang

Changhai Food Additives Co, Ltd. (China), Sunwin Stevia International (China), Monk

Fruit Corporation (U.S.) Avestia Pharma (India), Panchsheel Organics Limited (India),

A.B. Enterprise (India), Akhil Healthcare Pvt. Ltd. (India), Herboveda (India), Anhui Elite

Industrial Co.,Ltd (China), Hill Pharmaceutical Co. Ltd. (China), Shandong Shengwang

Pharmaceutical Co. Ltd. (China), Azúcares Prieto (Spain), Hangzhou Focus Corporation

(Shanghai), Denk Ingredients (Germany).

Target Audience:

Global alternative sweeteners manufacturers

Food & Beverages industry

Raw material suppliers

End users

Retailers and wholesalers

E-commerce companies

traders importers and exporters

Traders, importers, and exporters

Enquiry before buy @ https://www.marketresearchfuture.com/enquiry/4851

Key Findings:

The North America region is estimated to retain its dominance throughout the forecast

period and will grow at a substantial CAGR of 4.67%. Furthermore, among the Asia

Pacific countries, China is projected to witness a substantial growth of 7.65% during the

forecast period of 2017-2023.

Global alternative sweeteners manufacturers find massive opportunity in India especially

among the young population owing to increasing health and wellness trend in the

country.

Regional and Country Analysis of Global Alternative sweeteners Market Development and

Demand Forecast to 2023 Market

The reports also cover country-level analysis:

North America

U.S.

Canada

Mexico

Europe

U.K

Germany

France

Italy

Spain

Rest of Europe

Asia Pacific

China

India

Japan

Australia & New Zealand

Rest of Asia Pacific

Latin America

Middle East & Africa

Middle East

Africa